To succeed in investing and trading, you must overcome a hurdle
"Transform predictive thinking into probabilistic thinking" 1. Humbly accept and acknowledge that the market is uncertain, regardless of how confident you once were, regardless of how certain you are at this moment, regardless of how powerful your trading system is
2. On the premise of protecting your principal, bet on the high-probability events you believe in
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To succeed in investing and trading, you must overcome a hurdle
"Transform predictive thinking into probabilistic thinking"
1. Humbly accept and acknowledge that the market is uncertain, regardless of how confident you once were, regardless of how certain you are at this moment, regardless of how powerful your trading system is
2. On the premise of protecting your principal, bet on the high-probability events you believe in